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Govt Approves 58 Companies for 1,500 Crore Mineral Recycling Scheme

India mineral recycling scheme 1500 crore 58 companies approved

NEW DELHI. The Ministry of Mines has cleared 58 companies to participate in a 1,500 crore incentive scheme aimed at boosting the domestic recycling of critical minerals from lithium-ion batteries and e-waste. This initiative under the National Critical Mineral Mission seeks to reduce India’s reliance on imports and strengthen supply security for clean energy technologies. With a pledged investment of nearly 5,000 crore, these firms will build a combined recycling capacity of 850 kilo tonnes per year, marking a significant step toward self-reliance in the global green energy transition.

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